$ORDI /USDT BEARISH RETEST IN PLAY | SHORT TRADE OPPORTUNITY AHEAD
Current Price: $9.283 (-3.84%)
Trend: Bearish – Price is facing repeated rejection below $9.80–$10.00 resistance zone and forming lower highs. Volume remains weak, suggesting further downside.
KEY LEVELS TO WATCH:
Resistance Zones:
• $9.60 – Minor intraday resistance
• $9.80–$10.20 – Strong bearish supply zone
Support Zones:
• $9.00 – Psychological and short-term support
• $8.89 – 24h low (must hold to avoid breakdown)
• $8.40 – Next key support on breakdown
TRADE SETUP – SHORT POSITION:
Entry Zone: $9.50 – $9.80 (on bearish confirmation)
Target 1 (TP1): $9.00
Target 2 (TP2): $8.40
Stop Loss (SL): $10.25
RISK MANAGEMENT:
Stick to 1–2% risk per trade. Wait for confirmation candles on the 1h or 4h chart. Avoid entering near support — be patient and respect SL.
Summary: $ORDI remains under pressure, with every bounce getting sold off near $10. Unless it breaks above $10.20 with strong volume, bias stays bearish.
NO HYPE — JUST PRICE ACTION.
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